7
Student: _
1.
For any uniform probability distribution, the mean and standard deviation can
be computed based on the maximum and minimum values of the random
variable.
True
False
11
Student: _
1.
If the null hypothesis states that there is no difference between the mean
income of males and the mean income of females, then the test is one-tailed.
True
False
20
Student: _
1.
Statistical decision theory is defined as the collection of techniques a decision
maker can apply to choose the best alternative action.
True
False
18
Student: _
1.
One component of a time series is cyclical variation. An example of cyclical
variation is the business cycle that consists of periods of prosperity followed by
periods of recession, depression, and recovery.
True
False
14
Student: _
1.
Multiple regression analysis is used when one independent variable is used to
predict values of two or more dependent variables.
True
False